FTSE 100 reshuffle: Burberry and Easyjet set to be downgraded August 23, 2024 FTSE 100 constituents Burberry and Easyjet are expected to be eliminated from London’s main market next month during a reshuffle. The main market’s quarterly rebalance is due on 20 September, with the review being based on prices at close on 3 September. Easyjet managed to claw back into the FTSE 100 in March, but the [...]
Traveltok takes off: Why Hilton, Ryanair, Expedia and British Airways are flocking to Tiktok August 16, 2024 It’s highly likely that someone you know has been to Montenegro, Albania or Slovenia in the past year. This is no coincidence. These destinations have soared in popularity after going viral on Tiktok’s “travel dupes” trend, where users seek out lesser-known or less-touristed alternatives to popular locations. Savvy travellers are swapping Paris for Bruges, London [...]
European airline results make for ‘depressing reading’, says Air Astana boss August 5, 2024 Air Astana on Monday reported record passenger half-year passenger numbers, driven by unexpectedly high demand from China.
Will the Rolls-Royce share price continue to defy gravity? August 5, 2024 Rolls-Royce has been the talk of the FTSE 100 over the last year. Will the share price rally ever end? (Yes, but not yet).
Wizz Air passenger numbers dip as engine issues constrain capacity August 2, 2024 Wizz Air has been forced to constrain capacity due to long-running issues with the engines of some of its aircraft.
IAG: British Airways owner brings back dividend for the first time since Covid-19 August 2, 2024 IAG, the airline conglomerate which owns British Airways, has unveiled plans to reinstate dividend pay-outs for the first time since Covid-19 decimated the aviation industry.
Wizz Air shares nosedive as engine troubles hammer profits August 1, 2024 Operating profit fell from €79.9m to €44.6m, well below analyst expectations of €171m, in a poor set of results for the airline.
Wizz Air: We are not the worst airline in the UK (after being voted the worst, again) July 31, 2024 The Hungarian budget carrier has repeatedly come out bottom of the pile of a number of Which? surveys assessing the UK airline industry.
Airbus chief: Starmer should press ahead with Heathrow third runway July 28, 2024 The boss of Airbus has backed building Heathrow’s third runway, as the new government moots whether to put its weight behind the controversial proposals. Heathrow’s chief executive warned last week the airport wouldn’t be able to meet rising demand for travel without expanding capacity. The UK’s busiest hub reported record traffic in the first half [...]
Wizz Air to report bump in profits and rising ticket fares despite budget airline jitters July 28, 2024 Analysts have forecast an operating profit of €171m (£144m) for the Hungarian budget carrier, up from last year's €79.9m.